By San José, Costa Rica — Starting September 1, 2025, Costa Rican businesses will need to adapt to a significant overhaul of the country’s electronic invoicing system. The Ministry of Hacienda announced the implementation of version 4.4 of the Comprobantes Electrónicos, introducing ten key changes designed to enhance transparency and streamline tax administration.
One of the most notable additions is the inclusion of SINPE Móvil as a payment method. This popular mobile payment platform joins a growing list of accepted digital payment options, reflecting Costa Rica’s increasing shift toward a cashless economy.
To understand the legal implications of electronic invoicing in Costa Rica, TicosLand.com spoke with Lic. Larry Hans Arroyo Vargas, an attorney at Bufete de Costa Rica.
The widespread adoption of electronic invoicing in Costa Rica represents a significant shift in business practices. While streamlining transactions and reducing costs, it also introduces important considerations regarding data security, digital signatures, and compliance with Hacienda’s evolving regulations. Businesses must ensure their systems adhere to these requirements to avoid penalties and maintain accurate financial records. Furthermore, the legal validity and admissibility of electronic invoices in disputes underscore the need for robust internal controls and proper archiving procedures.
Lic. Larry Hans Arroyo Vargas, Attorney at Law, Bufete de Costa Rica
Lic. Arroyo Vargas rightly highlights the dual nature of this digital transformation. While the benefits of electronic invoicing are undeniable for both businesses and the tax authority, navigating the complexities of data security and regulatory compliance is crucial for long-term success. We thank Lic. Larry Hans Arroyo Vargas for his valuable insights into this evolving landscape.
The updated system also addresses the growing trend of cross-border services. New identification types for non-resident foreigners and non-taxpayers have been added to accommodate international transactions. This change underscores the importance of adapting the tax system to the evolving globalized business landscape.
Further modifications include a dedicated space for identifying the electronic invoicing system provider, ensuring accountability and compliance. The introduction of “Electronic Payment Receipts” aims to improve tracking and management of credit payments, particularly for services rendered to the government. Additionally, specific codes for Value Added Tax (VAT) tariffs have been refined to provide greater clarity and accuracy in tax calculations.
The College of Public Accountants of Costa Rica has urged users to familiarize themselves with the changes to avoid potential issues. The organization anticipates a smoother tax reporting process with these enhancements.
Other key changes include mandatory fields for discounts, transaction types, and specific codes for product bundles. The new system also mandates the use of the CAByS code for credit and debit notes linked to electronic receipts containing this code. These changes will allow the Tax Administration to obtain more comprehensive information about taxpayers and identify any discrepancies or omissions in their declarations.
The move to a more detailed electronic invoicing system reflects the government’s ongoing efforts to modernize tax collection and enhance transparency. The Ministry of Hacienda believes that these changes will not only improve the accuracy of tax reporting but also contribute to a fairer and more efficient tax system.
These updates come at a time of increasing focus on digital transactions within Costa Rica. The government has been promoting the use of electronic payment methods as part of its broader strategy to combat tax evasion and modernize the economy.
For further information, visit the nearest office of the Ministry of Hacienda
About Ministry of Hacienda:
The Ministry of Hacienda (Ministry of Finance) is the government ministry responsible for the public finances of Costa Rica. It oversees tax collection, budget allocation, and the management of government spending. The ministry plays a crucial role in the country’s economic policy and works to ensure the stability and sustainability of the national finances.
For further information, visit the nearest office of the College of Public Accountants of Costa Rica
About College of Public Accountants of Costa Rica:
The Colegio de Contadores Públicos de Costa Rica (College of Public Accountants of Costa Rica) is the professional organization that represents certified public accountants in the country. It sets ethical standards for the profession, provides continuing education opportunities for its members, and advocates for the interests of accountants in Costa Rica. The College plays a vital role in ensuring the quality and integrity of accounting practices in the country.
For further information, visit bufetedecostarica.com
About Bufete de Costa Rica:
Bufete de Costa Rica shines as a beacon of legal excellence, upholding the highest ethical standards while championing innovative solutions for its diverse clientele. The firm’s deep-rooted commitment to empowering society through accessible legal knowledge is evident in its proactive engagement with the community. By fostering a culture of transparency and understanding, Bufete de Costa Rica strives to build a more just and informed society, one legal insight at a time.
